NOT LISTED FOR SALE
5 Beds
4 Baths
2,424 Sq Ft
2,178 Sq Ft Lot

Last Sold June 03, 2015

Last sale price $1,550,000 $639 Per Sq Ft

83 Days on Market

Highlights

  • Peek-A-Boo Views
  • Balcony
  • Laundry Room
  • Newport Elementary School Rated A
  • Living Room
  • Parking Storage or Cabinetry

About This Home

As of June 2015

Ocean side of PCH. Steps to the beach. Across from city park. Enclosed 3 car garage. 3 bedroom, 1 3/4 bath, features living room fireplace and balcony. 2 bedroom 1/3/4 bath downstairs unit with fireplace in living room. Property upgrades include: Fiberglass doors, dual paned windows, extra insulation and hardiplank siding. Close to restaurants and shopping. Both units are on month to month rental agreements (more month to month rental potential) and can be converted to summer/winter rentals to maximize income. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Steve Celotto

Coldwell Banker Realty License #00628584 Listed on: 02/02/2015

Coldwell Banker Realty

Last Buyer's Agent

Tim Carr

Tim Carr Group License #01017277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 2,178 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Three Garage Doors
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof
  • Cement Siding
  • Copper Plumbing

Interior Spaces

  • 2,424 Sq Ft Home
  • Living Room
  • Peek-A-Boo Views
  • Formica Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04502315

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

2,178 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 04502315
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Copper Plumbing Full, Formica Counters
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 639.44
  • Room Type: Living Room

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Cement Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $1,550,000 -8.3% $639 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $1,690,000 -- $697 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,764 $1,862,864 $1,694,069 $168,795
2024 $19,764 $1,826,338 $1,660,852 $165,486
2023 $19,299 $1,790,528 $1,628,286 $162,242
2022 $18,976 $1,755,420 $1,596,359 $159,061
2021 $18,614 $1,721,000 $1,565,057 $155,943
2020 $18,435 $1,703,354 $1,549,010 $154,344
2019 $18,058 $1,669,955 $1,518,637 $151,318
2018 $17,700 $1,637,211 $1,488,860 $148,351
2017 $17,388 $1,605,109 $1,459,666 $145,443
2016 $16,999 $1,573,637 $1,431,045 $142,592
2015 $2,561 $197,564 $104,030 $93,534
2014 -- $193,694 $101,992 $91,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15021993

California Regional Multiple Listing Service (CRMLS)

APN: 045-023-15

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